Home prices
The median home cost in Bay Minette is $125,700. Compared to the surrounding areas it is about $44,640 (26%) lower.Compared to the rest of the country it is approximately $91,800 (42%) lower, and compared to the city of Mobile it is approximately $2,100 (1%) higher.
Rents
The median rent in Bay Minette is $583 per month. In comparison to other places in this area this is approximately $357 (37%) lower.It is approximately $479 (45%) lower in comparison to the entire country, and is about $274 (31%) lower compared to the city of Mobile.
Nearby places
Creola
Creola is approximately 11 miles west from Bay Minette. Real estate prices there are a little more expensive. The median home price in Creola is $135,300, which is $9,600 (7%) higher than Bay Minette. The rent there is somewhat more expensive. The median rent in Creola is $742 per month, which works out to $159 (21%) higher than Bay Minette.
Stapleton
Stapleton is roughly 11 miles south of Bay Minette. Real estate prices there are substantially more expensive. The median home in Stapleton costs $195,100, which works out to $69,400 (35%) higher than Bay Minette. Its rents are a little more expensive. In Stapleton the median rent is $793 a month, which comes out to $210 (26%) higher than Bay Minette.
Axis
Axis is approximately 12 miles west from Bay Minette. Real estate prices there are pretty similar. The median home in Axis is valued at $122,900, which is $2,800 (2%) lower than Bay Minette. Rents there are significantly more expensive. In Axis the median rent is $1,107 a month, which is $524 (47%) higher than Bay Minette.
Spanish Fort
Spanish Fort is about 13 miles south of Bay Minette. Its housing prices are substantially more expensive. The median home value in Spanish Fort is $242,600, which is $116,900 (48%) higher than Bay Minette. The rent there is significantly more expensive. In Spanish Fort the median monthly rent is $1,172, which is $589 (50%) higher than Bay Minette.
Satsuma
Satsuma is approximately 14 miles west from Bay Minette. Housing prices there are somewhat more expensive. The median home cost in Satsuma is $155,800, which comes out to $30,100 (19%) higher than Bay Minette. Rents there are a lot more expensive. In Satsuma the median monthly rent is $885, which comes out to $302 (34%) higher than Bay Minette.